https://safirsoft.com Intel is said to be in talks to buy semiconductor giant GlobalFoundries for $30 billion

Rumor: Another multi-billion dollar technical move appears to be in the works. It is reported that after Nvidia's $40 billion acquisition of ARM, Intel is in talks to buy semiconductor maker GlobalFoundries for $30 billion.

The Wall Street Journal reported that the talks did not appear to involve GlobalFoundries' executives. The US-based company, which spun off from AMD in 2008, is owned by Mubadala Investment Company, an investment division of the Abu Dhabi government. Intel's strategy with IDM 2.0 (Integrated Device Manufacturing). The company plans to invest $20 billion to build two new plants in Arizona. It also announced its current and planned production capacity to other chip manufacturers by launching Intel's foundry services. The purchase of GlobalFoundries will be a large part of IDM 2.0. Biggest tech deals in history Dell EMC $64 billion 2015 Avago Broadcom $37 billion 2015 IBM Red Hat $34 billion 2018 Softbank ARM Holdings $31.4 billion 2016 Intel? GlobalFoundries? 30 billion dollars? 2021? Microsoft LinkedIn $26.2 billion 2016

TrendForce GlobalFoundries, which has several factories in the United States, was ranked as the world's fourth largest semiconductor manufacturer with 7% of the total casting business by revenue. The company recently announced a $4 billion investment to significantly expand the capacity of its existing chip plant in Singapore. Rather than adopting a "smaller is better" philosophy, the company is focusing on adding new capabilities and features to chips made with larger transistor sizes (12 nanometers or more). Intel's realization will torment. If no agreement is reached, the IPO could take place later this year. "We will refrain from commenting on rumors and speculation," an Intel spokesperson said when asked about the deal of the year.

Intel is said to be in talks to buy semiconductor giant GlobalFoundries for $30 billion
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